Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 10 | |
Additional information about the structure, cashflows, defined terms and parties for this transaction can be found in the prospectus, available on the SEC website (http://www.sec.gov) under the registration number 333-281130 and at https://www.ford.com/finance/investor-center/asset-backed-securitization.
I. ORIGINAL DEAL PARAMETERS
| | | | | | | | | | | | | | | | | |
| Dollar Amount | | # of Receivables | | Weighted Avg Remaining Term at Cutoff |
| Initial Pool Balance | $ | 1,096,614,974.63 | | | 29,520 | | 55.0 months |
| | | | | |
| Dollar Amount | | Note Interest Rate | | Final Scheduled Payment Date |
| Original Securities | | | | | |
| Class A-1 Notes | $ | 240,000,000.00 | | | 3.993 | % | | December 15, 2026 |
| Class A-2a Notes | $ | 220,000,000.00 | | | 3.99 | % | | September 15, 2028 |
| Class A-2b Notes | $ | 128,000,000.00 | | | 3.99650 | % | * | September 15, 2028 |
| Class A-3 Notes | $ | 348,000,000.00 | | | 3.90 | % | | June 15, 2030 |
| Class A-4 Notes | $ | 64,000,000.00 | | | 3.98 | % | | January 15, 2032 |
| Class B Notes | $ | 31,580,000.00 | | | 4.22 | % | | January 15, 2032 |
| Class C Notes | $ | 21,050,000.00 | | | 0.00 | % | | May 15, 2033 |
| Total | $ | 1,052,630,000.00 | | | | | |
| | | * 30-day average SOFR + 0.36% |
II. AVAILABLE FUNDS
| | | | | |
| Interest: | |
| Interest Collections | $ | 3,488,952.85 | |
| |
| Principal: | |
| Principal Collections | $ | 18,738,450.69 | |
| Prepayments in Full | $ | 10,931,443.86 | |
| Liquidation Proceeds | $ | 386,147.60 | |
| Recoveries | $ | 55,004.01 | |
| Sub Total | $ | 30,111,046.16 | |
| Collections | $ | 33,599,999.01 | |
| |
| Purchase Amounts: | |
| Purchase Amounts Related to Principal | $ | 7,108.47 | |
| Purchase Amounts Related to Interest | $ | 34.76 | |
| Sub Total | $ | 7,143.23 | |
| |
| Clean-up Call | $ | 0.00 | |
| |
| Reserve Account Draw Amount | $ | 0.00 | |
| |
| Available Funds - Total | $ | 33,607,142.24 | |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 10 | |
III. DISTRIBUTIONS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Calculated Amount | | Amount Paid | | Shortfall | | Carryover Shortfall | | Remaining Available Funds |
| Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 33,607,142.24 | |
| Servicing Fee | $ | 664,049.22 | | | $ | 664,049.22 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,943,093.02 | |
| Interest - Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,943,093.02 | |
| Interest - Class A-2a Notes | $ | 599,186.01 | | | $ | 599,186.01 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,343,907.01 | |
| Interest - Class A-2b Notes | $ | 337,545.73 | | | $ | 337,545.73 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 32,006,361.28 | |
| Interest - Class A-3 Notes | $ | 1,131,000.00 | | | $ | 1,131,000.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,875,361.28 | |
| Interest - Class A-4 Notes | $ | 212,266.67 | | | $ | 212,266.67 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,663,094.61 | |
| First Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,663,094.61 | |
| Interest - Class B Notes | $ | 111,056.33 | | | $ | 111,056.33 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,552,038.28 | |
| Second Priority Principal Payment | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,552,038.28 | |
| Interest - Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,552,038.28 | |
| Reserve Account Deposit | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 30,552,038.28 | |
| Regular Principal Payment | $ | 33,038,401.85 | | | $ | 30,552,038.28 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Additional Trustee and Other Fees/Expenses | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Residual Released to Depositor | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | | | $ | 33,607,142.24 | | | | | | | |
| | | | | | | | | |
| Principal Payment: | | | | | | | | | |
| First Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Second Priority Principal Payment | | | | | | | | | $ | 0.00 | |
| Regular Principal Payment | | | | | | | | | $ | 30,552,038.28 | |
| Total | | | | | | | | | $ | 30,552,038.28 | |
| | | | | | | | | |
IV. NOTEHOLDER PAYMENTS
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Noteholder Principal Payments | | Noteholder Interest Payments | | Total Payment |
| | | Per $1,000 of | | | | Per $1,000 of | | | | Per $1,000 of |
| Actual | | Original Balance | | Actual | | Original Balance | | Actual | | Original Balance |
| Class A-1 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Class A-2a Notes | $ | 19,314,506.96 | | | $ | 87.79 | | | $ | 599,186.01 | | | $ | 2.72 | | | $ | 19,913,692.97 | | | $ | 90.51 | |
| Class A-2b Notes | $ | 11,237,531.32 | | | $ | 87.79 | | | $ | 337,545.73 | | | $ | 2.64 | | | $ | 11,575,077.05 | | | $ | 90.43 | |
| Class A-3 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 1,131,000.00 | | | $ | 3.25 | | | $ | 1,131,000.00 | | | $ | 3.25 | |
| Class A-4 Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 212,266.67 | | | $ | 3.32 | | | $ | 212,266.67 | | | $ | 3.32 | |
| Class B Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 111,056.33 | | | $ | 3.52 | | | $ | 111,056.33 | | | $ | 3.52 | |
| Class C Notes | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | | | $ | 0.00 | |
| Total | $ | 30,552,038.28 | | | $ | 29.02 | | | $ | 2,391,054.74 | | | $ | 2.27 | | | $ | 32,943,093.02 | | | $ | 31.29 | |
| | | | | | | | | | | |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 10 | |
V. NOTE BALANCE AND POOL INFORMATION
| | | | | | | | | | | | | | | | | | | | | | | |
| Beginning of Period | | End of Period |
| Balance | | Note Factor | | Balance | | Note Factor |
| Class A-1 Notes | $ | 0.00 | | | 0.0000000 | | $ | 0.00 | | | 0.0000000 |
| Class A-2a Notes | $ | 180,206,317.56 | | | 0.8191196 | | $ | 160,891,810.60 | | | 0.7313264 |
| Class A-2b Notes | $ | 104,847,312.03 | | | 0.8191196 | | $ | 93,609,780.71 | | | 0.7313264 |
| Class A-3 Notes | $ | 348,000,000.00 | | | 1.0000000 | | $ | 348,000,000.00 | | | 1.0000000 |
| Class A-4 Notes | $ | 64,000,000.00 | | | 1.0000000 | | $ | 64,000,000.00 | | | 1.0000000 |
| Class B Notes | $ | 31,580,000.00 | | | 1.0000000 | | $ | 31,580,000.00 | | | 1.0000000 |
| Class C Notes | $ | 21,050,000.00 | | | 1.0000000 | | $ | 21,050,000.00 | | | 1.0000000 |
| Total | $ | 749,683,629.59 | | | 0.7122005 | | $ | 719,131,591.31 | | | 0.6831760 |
| | | | | | | | | | | |
| Pool Information | | | |
| Weighted Average APR | 5.257 | % | | 5.267 | % |
| Weighted Average Remaining Term | 48.40 | | 47.66 |
| Number of Receivables Outstanding | 23,806 | | 23,144 |
| Pool Balance | $ | 796,859,061.12 | | | $ | 766,427,136.00 | |
| Adjusted Pool Balance (Pool Balance - YSOC Amount) | $ | 766,786,117.17 | | | $ | 737,697,877.11 | |
| Pool Factor | 0.7266535 | | 0.6989027 |
| | | |
VI. OVERCOLLATERALIZATION INFORMATION
| | | | | |
| Specified Reserve Balance | $ | 2,631,581.17 | |
| Yield Supplement Overcollateralization Amount | $ | 28,729,258.89 | |
| Targeted Overcollateralization Amount | $ | 49,781,908.26 | |
| Actual Overcollateralization Amount (EOP Pool Balance - EOP Note Balance) | $ | 47,295,544.69 | |
| |
VII. RECONCILIATION OF RESERVE ACCOUNT
| | | | | |
| Beginning Reserve Account Balance | $ | 2,631,581.17 | |
| Reserve Account Deposits Made | $ | 0.00 | |
| Reserve Account Draw Amount | $ | 0.00 | |
| Ending Reserve Account Balance | $ | 2,631,581.17 | |
| Change in Reserve Account Balance | $ | 0.00 | |
| Specified Reserve Balance | $ | 2,631,581.17 | |
| |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 10 | |
VIII. NET LOSS AND DELINQUENT RECEIVABLES
| | | | | | | | | | | | | | | | | |
| | | # of Receivables | | Amount |
| Current Collection Period Loss: | | | | | |
| Realized Loss (Charge-Offs) | | | 50 | | $ | 368,774.50 | |
| (Recoveries) | | | 8 | | $ | 55,004.01 | |
| Net Loss for Current Collection Period | | | | | $ | 313,770.49 | |
| Ratio of Net Loss for Current Collection Period to Beginning of Period Pool Balance (annualized) | | | | | 0.4725 | % |
| | | | | |
| Prior and Current Collection Periods Average Loss: | | | | | |
| | | | | |
| Ratio of Net Loss to the Average Pool Balance (annualized) | | | | | |
| Third Prior Collection Period | | | | | 0.3219 | % |
| Second Prior Collection Period | | 0.2890 | % |
| Prior Collection Period | | | | | 0.3671 | % |
| Current Collection Period | | | | | 0.4817 | % |
| Four Month Average (Current and Prior Three Collection Periods) | | | | | 0.3649 | % |
| | | | | |
| Cumulative Loss: | | | | | |
| Cumulative Realized Loss (Charge-Offs) | | | 392 | | $ | 1,502,093.96 | |
| (Cumulative Recoveries) | | | | | $ | 67,069.96 | |
| Cumulative Net Loss for All Collection Periods | | | | | $ | 1,435,024.00 | |
| Ratio of Cumulative Net Loss for all Collection Periods to Initial Pool Balance | | | | 0.1309 | % |
| | | | | |
| Average Realized Loss for Receivables that have experienced a Realized Loss | | | | | $ | 3,831.87 | |
| Average Net Loss for Receivables that have experienced a Realized Loss | | | | | $ | 3,660.78 | |
| | | | | |
| % of EOP Pool Balance | | # of Receivables | | Amount |
| Delinquent Receivables: | | | | | |
| 31-60 Days Delinquent | 0.68 | % | | 119 | | $ | 5,210,576.21 | |
| 61-90 Days Delinquent | 0.12 | % | | 22 | | $ | 897,689.42 | |
| 91-120 Days Delinquent | 0.02 | % | | 4 | | $ | 116,204.32 | |
| Over 120 Days Delinquent | 0.02 | % | | 4 | | $ | 152,317.31 | |
| Total Delinquent Receivables | 0.83 | % | | 149 | | $ | 6,376,787.26 | |
|
| Repossession Inventory: | | | | | |
| Repossessed in the Current Collection Period | | | 10 | | $ | 480,311.03 | |
| Total Repossessed Inventory | | | 17 | | $ | 905,354.90 | |
| | | | | |
| Number of 61+ Delinquent Receivables to EOP Number of Outstanding Receivables: | | |
| Second Prior Collection Period | | | | | 0.1058 | % |
| Prior Collection Period | | | | | 0.0882 | % |
| Current Collection Period | | | | | 0.1296 | % |
| Three Month Average | | | | | 0.1079 | % |
| | | | | |
| Delinquency Trigger (61+ Delinquent Receivables) | | | | | |
| Transaction Month | Trigger | | | | |
| 1-12 | 0.80% | | | | |
| 13-24 | 1.30% | | | | |
| 25-36 | 2.40% | | | | |
| 37+ | 4.55% | | | | |
| 61+ Delinquent Receivables Balance to EOP Pool Balance | | | | | 0.1522 | % |
| Delinquency Trigger Occurred | | | | | No |
Ford Credit Auto Owner Trust 2025-C
Monthly Investor Report
| | | | | |
| Collection Period | August 2026 |
| Payment Date | 9/15/2026 |
| Transaction Month | 10 | |
| | | | | | | | | | | | | | |
| Receivables Granted Extensions in the Current Collection Period: | # of Receivables | Amount |
| | | | |
| 1 Month Extended | | | 44 | $1,946,406.64 | |
| 2 Months Extended | | | 62 | $2,969,663.39 | |
| 3+ Months Extended | | | 14 | $578,271.71 | |
| | | | |
| Total Receivables Extended | 120 | $5,494,341.74 | |
IX. REPURCHASE DEMAND ACTIVITY (RULE 15Ga-1)
| | |
| No Activity to report |
|
| Most Recent Form ABS-15G for repurchase demand activity |
|
| Filed by: Ford Motor Credit Company LLC |
| CIK#: 0000038009 |
| Date: February 6, 2026 |
|
X. FLOATING RATE BENCHMARK: BENCHMARK TRANSITION
| | | | | |
| Benchmark Transition Event: | N/A |
| |
| Benchmark Replacement Date: | N/A |
| |
| Unadjusted Benchmark Replacement: | N/A |
| |
| Benchmark Replacement Adjustment: | N/A |
| |
| Benchmark Replacement Conforming Changes: | N/A |
| |
SERVICER CERTIFICATION
THIS REPORT IS ACCURATE IN ALL MATERIAL RESPECTS.
Ford Motor Credit Company LLC
/s/ Ryan M. Hershberger
Assistant Treasurer